55 PagesPosted: 27 Aug 2021
See all articles by Ludwig B. Chincarini
Ludwig B. Chincarini
University of San Francisco
Mark Cannice
University of San Francisco - School of Management
Date Written: August 1, 2021
Abstract
This paper explores the investment impact and performance of a unique group of angel investors, those featured on the television show, Shark Tank. We explore the relationship between their individual characteristics such as their experience, reputation, and network with the performance of their investments. Our findings are counter-intuitive in that we find that many characteristics do not appear to impact performance as measured by survival and website traffic. Furthermore, we found that the Sharks do not have the ability to select outperforming companies on average. However, we found the reputational impact of Shark Tank as a venue is significant.
Keywords: angel investor, venture capital, Shark Tank, investment performance, startups
JEL Classification: G0
Suggested Citation:Suggested Citation
Chincarini, Ludwig B. and Cannice, Mark, Angel Investor Impact: Clues from the Shark Tank (August 1, 2021). Available at SSRN: https://ssrn.com/abstract=3897430 or http://dx.doi.org/10.2139/ssrn.3897430
Ludwig B. Chincarini (Contact Author)
University of San Francisco ( email )
2130 Fulton Street
San Francisco, CA 94117
United States
Mark Cannice
University of San Francisco - School of Management ( email )
San Francisco, CA 94117
United States
